HXRO vs APEX

APEX (APEX) is 17.5× the size of HXRO (HXRO) by market capitalisation. Over the past 30 days, APEX is ahead by 9.6 percentage points (HXRO -22.0% against APEX -12.4%). Their daily returns move loosely together (correlation 0.47 across 34 shared trading days). HXRO has been the more volatile of the two, at 284% annualised against APEX's 133%.

Correlation: 0.47
Size ratio: 1 : 17.5
Ahead over 30 days: APEX

HXROHXRO

$0.002005

24h: +0.55%
Market cap: $1.91M
Volume 24h: $48
Volatility (ann.): 284%

APEXAPEX

$0.211586

24h: +3.11%
Market cap: $33.41M
Volume 24h: $744,532
Volatility (ann.): 133%

HXRO 5.4%Share of the two combined market caps94.6% APEX

Performance

HXROAPEX

7 days-48.11%-9.49%APEX
30 days-22.05%-12.42%APEX

Correlation

0.47over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	HXRO	APEX
Max drawdown (400d)	-52.8%	-32.7%
Risk-adjusted return (90d)	-0.12	-0.11

Relative strength over 90 days: APEX outperformed HXRO by 7.0% — measured on the HXRO/APEX ratio, so it holds regardless of market direction.

HXRO →APEX →